option4fun

option4fun

As per current wave structure, one more move upside in banknifty. After near 44200 level we will might be see downside correction in Banknifty.

option4fun

2nd Nov BNF is 4th wave correction phase. After completing 4th wave @C level may be possible sharp fall @ downside.

option4fun

As per wave count. Currently we are on correction phase. After completion count2. May be will see sharp downfall.

option4fun

As per wave analysis BNF is currently in correction phase. May be from tomorrow it will fall and creates a new low as compare with last week.

option4fun

As pervious shared data with bigger time wave. This post will be contained wave C analysis.

option4fun

Based on wave count BNF will fall 39000 level. It will might be get some corrections in smaller time-frame. This is also same 23%-38% retracement level from bigger time-frame. We will also wave C in smaller time-frame.

option4fun

Based on wave count, currently banknifty in correction phase, it will be complete near 43500 level after BNF sharply fall below 42800. It will take some time in current level.

option4fun

Based on analysis bank nifty next move if not break 38% from bottom or 44000 level.